NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
THIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (“FSMA”) AND HAS BEEN APPROVED BY TENNYSON SECURITIES WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 538762). 14 April 2025 Uranium Energy Exploration PLC (to be renamed The Smarter Web Company PLC)
("The Company")
Uranium Energy Exploration PLC is pleased to announce a retail investor IPO (the “Retail Offer”) via the Winterflood Retail Access Platform (“WRAP”).
Background and Business Transformation
The Company is currently an unlisted PLC with approximately £900,000 in cash and a highly experienced management team. As part of its strategy to transition into a successful and growing operating business, the Company has, conditional upon admission, agreed to acquire the entire issued share capital of The Smarter Web Company Limited, a private, revenue- generating web design and digital services agency.
Following Admission to the Access Segment of the Aquis Stock Exchange Growth Market (“Admission”), which is expected to become effective on or around 25 April 2025, conditional upon admission, the Company will be renamed The Smarter Web Company PLC. Following the acquisition, The Smarter Web Company Limited will become a wholly owned subsidiary.
The New Business Focus
The Smarter Web Company, founded in 2009 by Andrew Webley, helps businesses of all sizes enhance their online presence and return on digital investment. Its core services include web design, development and digital marketing.
Before founding The Smarter Web Company, Andrew Webley was the Head of Online at Hargreaves Lansdown, one of the UK's most successful financial services companies. Following Admission, the Company’s focus will shift entirely to this operating business, with a clear strategy for revenue growth through:
- Organic growth opportunities around existing, established services